9 Articles
9 Articles


“Cash Is King”: Mark Mobius Says His Funds Hold 95% Cash
(Zero Hedge)—The key question facing equity markets now is whether the April 8 low marked a floor — or merely a trap door for bulls. Veteran emerging-markets investor Mark Mobius joined Bloomberg TV earlier, warning, “Cash is king” as he waits for the trade war storm and mounting macroeconomic headwinds to blow over. “At this stage, cash is king. So 95% of my money in the funds are in cash,” Mobius said in an interview, adding, “Right now, we’ve…
Veteran investor Mark Mobius says he's 95% in cash after Trump's tariffs 'upset the apple cart'
Mark Mobius, a longtime investor in emerging markets, said "cash is king" right now.Richard Brian/ReutersMark Mobius said he was taking shelter in cash while waiting for the tariff turmoil to settle.The emerging-markets specialist told Bloomberg that "cash is king."Mobius said the trade chaos could produce bargains, and countries such as India stand to benefit.A veteran emerging-markets investor said he's hoarding cash until the dust settles fro…
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